The Challenges Ahead for China's Economy

From cmegroup.com Watch this video at https://www.energyexch.com/news/1175673-the-challenges-ahead-for-chinas-economy.

In the second half of 2022, the Chinese economy may do modestly better as: • the government pushes new loans to state-owned enterprises to accelerate infrastructure projects; • some steps are taken to ease the burden on consumers of the property debt overhang; • and COVID-19 protocols are modified or rescinded. Longer-term, though, the primary headwind for the Chinese economy lies in demographic patterns. The birthrate is low, while people are living longer. According to the International Database of the U.S. Census Bureau, the growth rate of China’s population may turn negative late in this decade. By 2030, 18% of the population is expected to be over 65 years old, and only 15% may be under 15 years old. The working age population is clearly shrinking.